January
New York City follows London with congestion charge to tackle traffic
Drivers entering parts of Manhattan will be charged $US9 during peak hours in a program following similar initiatives around the world.
July 2024
Trump raised more money than Biden in second quarter
Trump had been far behind Mr Biden in dollars raised until a New York jury found him guilty on 34 counts of falsifying business records to cover up a hush money payment to a porn star.
June 2024
Warren Buffett donates record $8b in shares to charity
Warren Buffett has made his biggest annual donation since he began making them in 2006.
March 2024
Why no one will lend to cash-poor Trump
The Republican candidate’s financial difficulties pose risks for America as well as for himself.
February 2024
McKinsey houses deep doubts after Bob Sternfels’ re-election
The managing partner’s narrow win last week has put the elite consulting firm in a soul-searching mood as the company has grown.
November 2023
Henry Kissinger: a diplomat both admired and vilified
Historians and friends hailed Henry Kissinger’s diplomatic achievements, while critics assailed his policies in Vietnam and elsewhere as murderous.
September 2023
Why Ken Griffin and Bill Ackman held secret talks at the UN
US financial leaders met in private with Volodymyr Zelensky at the United Nations General Assembly for talks on private-sector funds to rebuild Ukraine.
December 2022
Vanguard quits climate alliance in blow to net-zero project
The world’s second-largest asset manager after BlackRock says leaving the alliance will provide clarity for its investors.
April 2022
Musk’s Twitter deal might fail, but not on antitrust grounds
It’s obvious to even the most novice of antitrust lawyers that the deal won’t be rejected on a market power basis, but that hasn’t stopped Washington’s left-leaning media and politicians.
December 2021
Pimco, Fidelity shun net zero alliance embraced by BlackRock
A group of Wall Street giants has decided to sit out one of the industry’s biggest coalitions: the Glasgow Financial Alliance for Net Zero.
November 2021
Carney-led finance coalition has up to $US130trn committed to net zero
The Glasgow Financial Alliance for Net Zero (GFANZ) said it could deliver as much as $US100 trillion of financing to help economies transition to net zero over the next three decades.
October 2021
Energy crisis creates fears for climate conference goal
Government officials are concerned the squeeze in energy markets, surging prices and resurgence of coal will cast a shadow over efforts to curb carbon emissions.
September 2021
Gates raises $US1b for race to scale clean tech
The Catalyst projects aim to show that clean technology can be cost-competitive at scale and eliminate the “green premium” over conventional standards.
Wikramanayake to lead billion-dollar push for green energy in India
Macquarie chief executive Shemara Wikramanayake has been appointed co-chairman of new initiative CFLI India.
June 2021
Wealthiest US executives paid little to no federal income taxes
Much of the wealth that the rich accrue – like shares in companies they run – is not considered ‘taxable income’ unless assets are sold and a gain is realised.
October 2020
Biden needs an economic team that's less focused on Wall St
Mounting data shows just how separated financial markets have become from Main Street. Addressing that separation requires a rethink in policy across nearly every area of government.
September 2020
Bloomberg says he will spend $US100m in Florida to help Biden
The pledge comes as polls show a tight race between Joe Biden and President Donald Trump in Florida, a key battleground state that carries 29 electoral votes.
August 2020
'Failed his basic duty': Biden throws down gauntlet to Trump
Joe Biden delivered a withering assessment of Donald Trump's presidency as he accepted the Democratic nomination and vowed to lead America out of a "season of darkness". Read our blog covering the final day of the party's convention here.
May 2020
Trump's firing of watchdogs must be checked
Senate Republicans should join with House Democrats in holding hearings that probe why the President fired four inspectors-general over the past two months.
March 2020
Powell fires bazooka, admits pandemic's economic fallout 'unknowable'
The Fed chairman, after using up pretty much all of his conventional monetary policy firepower to prevent another 2008 credit meltdown, said it was "very hard to say how big the effects will be or how long they will last".